Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m.
Following back-to-back declines of more than 1%, the S & P 500 moved further into oversold territory, according to the S & P 500 Short Range Oscillator, an indicator we follow closely in volatile markets .
In a dispatch from vacation Tuesday, Jim Cramer sent us his market thoughts to pass along to members: "Throughout this year we have been scaling out positions into strength.
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